Lenora Simpkins
Arlington,TX
Summary
Detail-oriented Compliance Manager offering 20 years of expertise in risk management, policy development and strategic planning. Advanced knowledge of regulatory compliance with proven track record of partnering with executives and business leaders to identify vulnerabilities and create corrective actions. Collaborative and team-oriented with excellent communication and interpersonal skills to foster strategic partnerships and promote company reputation.
Overview
47
47
years of professional experience
Work History
HMDA/CRA Compliance Manager
Colonial Savings
01.2022 - 07.2024
- Assist the Community Reinvestment Act (CRA) Officer with preparation of comprehensive CRA assessments and reports
- Manage the HMDA Analyst Team and 100% HMDA scrub process to ensure data integrity of the HMDA LAR and timely filing
- Collaborate with business lines to guarantee the initial collection of HMDA data, the mapping of data from various business systems to HMDA software, and the provision of supporting documentation.
- Manage regulatory or operational change management projects relating to HMDA
- Support the Fair Lending Manager/CRA Officer with change management initiatives pertaining to the CRA and Fair Lending.
- Conduct research and analysis on mortgage loans and commercial loans using HMDA/Fair Lending/CRA software, Excel, or other tools to support Colonial's CRA objectives.
- Managed compliance efforts, reporting and audits.
- Reviewed documents, files, transcripts, and other records to assess compliance and potential risk.
HMDA/CRA Compliance Analyst Supervisor
Colonial Savings
01.2017 - 12.2022
- Supervise the HMDA Reporting and Data Analyst Team of three employees
- Prepare and produce procedures and processes for Compliance HMDA Department
- Monitored adherence to industry regulations, ensuring timely reporting of any discrepancies or violations.
- Collaborated with cross-functional teams for the successful implementation of new compliance initiatives.
- Monitor and maintain 100% HMDA Application Process using RATA Comply, Fair Lending Magic and Lending Patterns software
- Manage loan data and geocoding information for accuracy of HMDA codes and reporting to department management and review by Auditors and Regulators
- Assist the Fair Lending Manager/Community Reinvestment Act (CRA) Officer with responsibilities specific to the Home Mortgage Disclosure Act (HMDA) and CRA recording and reporting of loan data and analysis of lending performance across all of the bank’s front line business channels
- Provide HMDA LAR quarterly reports to credit union partners, perform support with HMDA codes and annual filing for up to 10,000 records
- Reviewed audit and monitoring reports related to consumer and client activities.
- Prepare periodic reports with trend analysis, key performance indicator evaluations and review of other significant quantifiable data factors
- Maintain reference materials and website links in order to remain up-to-date on CRA and HMDA information relevant to current banking rules and regulations on the federal and state level
- Perform other duties as assigned by the Fair Lending Manager.
HMDA/CRA Compliance Analyst
Colonial Savings
01.2002 - 12.2017
- Monitor and maintain 100% HMDA Application Process using RATA Comply, Fair Lending Magic and Lending Patterns software
- Manage loan data and geocoding information for accuracy of HMDA codes and reporting to department management and review by Auditors and Regulators
- Monitor and review Loans to Investor Funded Report, Monthly Loan Assumptions Report, Revised Closing Disclosure Report and Post Closing Correspondent Purchase Loans Report for HMDA reporting
- Provide HMDA LAR quarterly reports to credit unions, perform support with HMDA codes and perform successful annual filing
- Provide support to the department leadership in the preparation of materials and reports analyzing regulations and laws applicable to the Bank’s operating entities
- Assist management and staff with the development or revision of policies, procedures, record keeping and reports to ensure compliance with Bank policies and regulations for HMDA and CRA
- Assist with the preparation of reports with trend analysis and review other significant quantifiable data factors
- Assist Mortgage Loan Officers with submission and completion of the Federal Home Loan Bank (FHLB) HELP Program packet for down payment assistants for borrowers.
Part-time Senior Office Assistant
Tarrant County College
01.2000 - 12.2002
- Perform clerical functions to facilitate counseling and laboratory operations
- Answer incoming calls to assist student inquiries and maintain record retention.
Loan Services Manager
First Class American Credit Union
01.1985 - 12.1999
- Manage and supervise all lending and collection personnel
- Prepare and produce procedures for the lending and collections department
- Adhere to company policies
- Credit analyst for consumer loans, home improvement, home equity loans, credit cards and indirect loans
- Sell credit life and disability insurance
- Monitored quality control to ensure optimal customer service within the department
- Process mortgage loan applications; reviewed consumer loan applications for credit decision up to specified amount
- Servicing and record retention for all loan types
- Review and prepare daily, weekly and monthly reports
- Monitor over 30-day delinquent accounts
- Correspond with outside collection agencies for aged accounts
- Correspond with attorney and bankruptcy court.
EFT Supervisor
Benjamin Franklin Savings
01.1978 - 12.1985
- Supervise funds dispensed to 18 branch office Automatic Teller Machines (ATM)
- Emboss and distribute ATM Cards to customers
- Maintained vault control, including ATM card stock, cash, money orders, traveler checks, cashier checks and certificate of deposits
- File maintenance of daily reports
- Assist accounting department with reconciliation of ATM account general ledger.
Education
Skills
- Over 45 successful years in banking, financial and customer service experience
- Knowledge of Banking, Credit Union, Consumer and Mortgage Lending practices
- Managerial responsibility
- Personnel and Office Administration
- Research and Documentation
- Public Relations
- Microsoft Word, Excel, PowerPoint
- Good communication skills
- Time management
- Work well independently as well as part of a team
- Ability to work under pressure with colleagues and management
- Compliance Monitoring
- Internal Audits
- Training and education
Timeline
HMDA/CRA Compliance Manager
Colonial Savings
01.2022 - 07.2024
HMDA/CRA Compliance Analyst Supervisor
Colonial Savings
01.2017 - 12.2022
HMDA/CRA Compliance Analyst
Colonial Savings
01.2002 - 12.2017
Part-time Senior Office Assistant
Tarrant County College
01.2000 - 12.2002
Loan Services Manager
First Class American Credit Union
01.1985 - 12.1999
EFT Supervisor
Benjamin Franklin Savings
01.1978 - 12.1985
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